Chen Guoping made a voluntary public purchase offer to acquire remaining 35.69% stake in Vtion Wireless Technology AG (DB:V33) for €2.3 million on October 12, 2017. As reported, Chen Guoping, the Chief Executive Officer of Vtion Wireless Technology offered a price of €0.53 in cash for each share of Vtion Wireless Technology AG. The amount of consideration is subject to the final determination in the offer document. The acquisition offer will also be subject to the provisions to be communicated in the offer document. The acquisition offer is related to the intended withdrawal of the admission of the shares of Vtion Wireless Technology to trading in the regulated market (General Standard) of the Frankfurt Stock Exchange.